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Benzinga's Volume Movers
Tuesday, June 14, 2011 - 10:30am | 174Avis Budget Group Inc (NASDAQ: CAR) shares surged 3.63% to $16.54 at 10:30 am. The volume of CAR shares traded was 225% higher than normal. CAR agreed to buy Avis Europe PLC for around 635 million pounds, or $1.0 billion in cash. Cracker Barrel Old Country Store Inc (NASDAQ: CBRL) shares moved up...
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News Summary
Tuesday, June 14, 2011 - 9:37am | 285Shares of Honda Motor Co (NYSE: HMC) fell about 0.6% after the company projects a 63.5% drop in its profit for the current fiscal year. Honda expects a profit of 195 billion yen ($2.4 billion) for the current fiscal year, down from 534 billion yen in the last fiscal year. However, analysts expected...
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News Summary for June 14, 2011
Tuesday, June 14, 2011 - 7:49am | 258This is your Benzinga news summary and traders' outlook for Tuesday, June 14, 2011, covering headlines from overnight and Tuesday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading higher as crude oil futures trade lower. The U.S. dollar is trading slightly...
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UPDATE: FactSet Research Reports 12% Rise In Q3 Profit
Tuesday, June 14, 2011 - 7:24am | 96FactSet Research Systems Inc (NYSE: FDS) reported a 12% rise in its third-quarter profit on Tuesday. FactSet Research's profit surged to $43.3 million, or $0.92 per share, from $38.7 million, or $0.81 per share, in the year-earlier period. The company's revenue climbed 15% to $183.7 million....
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Wizzard Media Sees New Podcast Account Sign-Ups and Revenues Up 26%
Tuesday, June 14, 2011 - 7:16am | 50Wizzard Media (NYSE: WZE) today announced it is seeing a 26% increase in average weekly signups in 2011 vs. average weekly signups for 2010. In addition, Wizzard's premier podcast distribution and monetization platform Libsyn.com has seen average weekly client account revenues increase 27% for 2011...
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Stocks to Watch for 6/14/11: Fresh 52-Week Highs and Lows
Tuesday, June 14, 2011 - 4:15am | 2234The following stocks hit new 52-week highs in Monday's trading session: 1) Greif (NYSE: GEF): Shares of Greif hit a 52-week high of $67.36 in Monday's trading session. The stock closed at $67.04. The year-to-date performance of Greif has been a gain of 9%. 2) Raptor Pharmaceutical (NASDAQ: RPTP...
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Earnings Scheduled For June 14
Tuesday, June 14, 2011 - 1:22am | 171Agilysys Inc (NASDAQ: AGYS) is projected to post a Q4 loss at $0.27 per share on revenue of $158.78 million. FactSet Research Systems Inc (NYSE: FDS) is estimated to post its Q3 earnings at $0.92 per share on revenue of $183.10 million. Capstone Turbine Corp (NASDAQ: CPST) is expected to post a...
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Stocks To Watch For June 14
Tuesday, June 14, 2011 - 1:08am | 232Some of the stocks that may grab investor focus today are: Analysts expect Best Buy Co Inc (NYSE: BBY) to report its Q1 EPS at $0.33 on revenue of $10.70 billion. BBY shares jumped 0.56% to $28.98 in after-hours trading. Hewlett-Packard Co (NYSE: HPQ) named 29-year veteran Ann Livermore to the...
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Citi Provides Color on Adobe Systems, Buy
Monday, June 13, 2011 - 9:08am | 148Citi provided color on Adobe Systems (NASDAQ: ADBE). In a research report published today, Citi stressed its belief that the macro outlook has deteriorated, but that Adobe is able to withstand this deterioration and to improve its results. In the report, Citi states, "While expectations have...
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Humor: I Want To Buy Salesforce.com
Friday, June 10, 2011 - 3:15pm | 1152I'm cheap. I like to buy stuff when its on sale. The same applies to stocks. I recently bought Johnson & Johnson, and Google. Both are trading at historically low P/E and Price/Free Cash Flow ratios. But, the market for bubble stocks seems to be alive and kicking. LinkedIn (LNKD) just went...
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Solera Holdings Prices and Increases Amount of Senior Notes Private Offering to $450M
Friday, June 10, 2011 - 11:45am | 227Solera Holdings (NYSE: SLH) announced today that its indirect wholly-owned subsidiary Audatex North America, Inc. ("Audatex") has priced and increased the amount of a private offering to $450 million aggregate principal amount of senior notes due 2018 ("Notes"). Solera anticipates that the closing...
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Leading Proxy Advisory Firm ISS Recommends Lawson Stockholders Vote "FOR" Acquisition by Affiliate of Golden Gate Capital and Infor
Friday, June 10, 2011 - 10:30am | 177Lawson Software (Nasdaq: LWSN) today announced that Institutional Shareholder Services recommends that Lawson stockholders vote “FOR” the Company's proposed acquisition by GGC Software Holdings, Inc., an affiliate of Golden Gate Capital and Infor, at the special meeting of stockholders, scheduled...
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Morgan Stanley Maintains Equal-Weight on Adobe Systems
Friday, June 10, 2011 - 7:58am | 145Morgan Stanley is out with its report today on Adobe Systems (NASDAQ: ADBE), maintaining Equal-weight. In a note to clients, Morgan Stanley writes, "We anticipate solid Q2 results aided by constructive CS5.5 demand, 5 points of YoY currency benefit and a lower impact from Japan than initially...
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Callidus Software Acquires Litmos
Friday, June 10, 2011 - 7:00am | 141Callidus Software Inc. (NASDAQ: CALD) announced today it has acquired leading Learning Management Systems vendor, Litmos Limited. "Today, learning and development must be delivered fast and on the move. Mobile professionals consume training the same way they access music, video, and print --...
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Benzinga's Top Pre-Market NASDAQ Gainers
Thursday, June 9, 2011 - 8:14am | 160Titan Machinery Inc (NASDAQ: TITN) shares advanced 8.49% to $29.40 in the pre-market session. TITN reported upbeat first quarter results and lifted projections for the full year. Magic Software Enterprises Ltd (NASDAQ: MGIC) shares advanced 1.58% to $4.50 in the pre-market session. New Reclamation...